Carmelo Anthony's Decision Arrives, and the Knicks Hold Their Breath

It's been a week since the NBA season ended, and another week will pass before the league's annual draft. But the long-term future of the Knicks could be determined this weekend.

The team's star forward, Carmelo Anthony, has until Monday to decide if he wants to opt out of his contract and test the free-agent market, something he has long indicated that he wants to do. Once he makes that choice, the Knicks—and all of the NBA—will...